BTC ~ $8.500 incoming ...
why not, right? are you selling? of course not ... not yet! but wait for it to hit 8.5k and it won't take 2 confirmation or it's half way down again in a matter of hours ... promised ;-)
Note
look how nice all those lines match up ... of course it will hit the 8.5k mark ... it has toNote
then again ... if it fails to reach that level and starts to drop, it's telling us that it won't stop at 78.6% ($7,350) but go at least to the next step, which is the 61.8% - $6,455 ... at least40% drop from 8k = 5.8k ... ow wadda ya know; that's the %50 level ...
the question will be; how fast did that go ... that will tell us the velocity
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.